By: Celestine Montague and Christopher M. Quinlan The latest legal buzzword, ESG, represents the environmental, social and governance factors that many corporations are now required to consider and disclose alongside traditional financial information such as operating results and management compensation. Environmental concerns may involve carbon footprints, greenhouse gas emissions, deforestation, biodiversity, climate change and pollution…
By: Eric B. Hermanson and Austin D. Moody In an important ruling for insurers, U.S. District Court Judge Patti Saris found that Massachusetts does not follow the position taken in Cypress Point Condo Association v. Adria Towers, LLC, 226 N.J. 403, 418 (2016), i.e., it does not hold that “faulty workmanship claims [should be recognized] as ……
What happens when an insurer tenders its policy limits, only to have its offer rejected on the basis that the insurer negligently handled the claim?
By: Anthony L. Miscioscia and Margo E. Meta A primary insurer has a duty of good faith to an excess insurer to attempt to negotiate a settlement with a third-party claimant within the primary insurer’s limits. However, determining whether that duty of good faith was met presents some difficulty. While an excess carrier may be…
A published Pennsylvania decision favorable to insurance companies, the Wenk case would apply to future claims in both the first- and third-party contexts.
If this latest legislative attempt to change Florida’s bad faith litigation environment becomes law, it will be a good step towards correcting the financial havoc caused—at least in part—by that environment.
